TCRS provides Import-Export marketplace to establish their very own-Self Insurance Program (SIP) enabeling the Import-Export marketplace to ring-fence its Import / Exports sales and ON SELL this Insurance Cost to its suppliers / buyers dependant on the terms of trade as agreed by the contracting parties.
In effect the Importer-Exporter will legally own its very own cost effective Insurance Company (cell captive structure) with following commercial properties:
On sell insurance products
Increase awareness of risk management
Lower expense than traditional risk transfer / insurance companies
Credit for good claims experiance
Insuring the uninsurable
Direct access to the reinsurance market
With seamless structure, tax efficient, interest bearing premium income to the Importer / Exporter-Company.
The timeframes for developing a SIP program is immediate and most of my clients elect to gradually build up their SIP by providing details of their Trade such as (8 short questions) :
Product to be insured?
Period of contract?
Insured value of products-value of goods (whole contract) ?
Or
Product Tonnage?
Value per ton?
Voyages:
From?
To?
Terms of Sale?
Drop me a e-mail with the above TRADE details for a estimated SIP premium quote with NO STRINGS ATTATCHED to effect your SIP.
Some of my Import-Export marketplace TRADER produce about around USD 200 000 premium income per month.
International Traders are welcome as TCRS has the ability to facilitate a SIP via its 500 associate offices worldwide.
